Provides Health Care Reform Assistance

Senator Max Baucus, one of the key architects of Health Care Reform, stated at a Congressional hearing that he fears a train wreck as the Obama administration implements the Affordable Care Act (ACA). Dont be derailed by Health Care Reform. HR&P offers valuable compliance assistance and customized tools to help employers stay on the tracks. HR&P can assist you with the 2013 changes as well as the mandates and regulations that go into effect in 2014 and thereafter.

How HR&P Can Reduce Your Compliance Burden

 Providing a customized summary report on how Health Care Reform impacts your business  Calculating potential penalties under the Play or Pay provision  Offering a Full Time Equivalent (FTE) Employee calculator  Performing a tax credit eligibility test for small businesses  Providing a tracking report for all Variable Hour Employees in conjunction with 4980H  Distributing required notices to all eligible employees

Health Care Reform Services also provided by HR&P

Summary of Benefits Coverage (SBC)
 Distribute material to all existing and eligible new hires within the deadlines  Update material when changes or amendments are made to the plan  Online access so employees can view or print material  Assist with questions from employees or employer  Incorporate with ERISA required SPDs and open enrollment materials  Notice to all new and existing employees that describes all the options available under the Exchange  Guidance on how to sign up for the Exchange and what coverage is being offered  Troubleshoot difficult issues with the Exchange  Provide carriers with the monthly average total number of employees so they can calculate the rebate  Assist in distributing rebates to each employee through a payroll credit or separate check (clients discretion)  Explain other options the DOL gives the employer in issuing the rebate  Issue a notice to each employee getting a rebate explaining the purpose of the rebate

Medicare Tax on Wages and Unearned Income

Applies to those earning: $200,000 if filing single; $250,000 if married filing jointly, and; $125,000 if married filing separately.  Calculate and apply the 0.9% increase in Medicare tax on wages  Calculate and apply the 3.8% Medicare tax on unearned income

Form W-2 Reporting

Employee Notice of Exchange

Applies to employers with 250+ W-2s for the tax year.  Track and include the value of group health coverage provided to employees showing the total costs for both employee and employer

Flexible Spending Account (FSA) Annual Limit

Medical Loss Ratio (MLR) Rebates

Employer Shared Responsibility

 Conduct open enrollment meetings to educate employees on tax savings, changes, and increase participation in the plan  Hand out material to employees that explain the changes to the annual limit ($2,500), eligible expenses, and answer employee & employer questions  Online enrollment with new and existing employees  Mobile Application that gives you direct access to your account, text notifications, and debit card 3 in 1 (FSA, HSA, HRA)

 mployers with 50+ FTEs and/or equivalents, E must offer affordable, minimum essential coverage or be subject to tax penalties.  Calculating the minimum wages that must be paid to avoid offering unaffordable coverage  Helping clients establish a measurement period (3-12 months) and keeping track of existing and newly eligible employees  Providing reports that reflect where each employee stands (FTE Status, Variable Hour Status, Lookback Period, Stability Period) during this process throughout the year to help avoid tax penalties  Notify all newly eligible employees and provide available coverage information

For more information, please go to:

14550 Torrey Chase, Suite 100 Houston, Texas 77014 Phone: 281.880.6525 | 877.880.4477 hrp.net | info@hrp.net